IMF Creation Impact

The book investigates the IMF's interventions in numerous economic crises, including those in Latin America and Asia, revealing a complex legacy of both successes and failures. It analyzes how the IMF's policies, particularly its approach to macroeconomic management, have been both praised and criticized. Some view the IMF as a crucial tool for preventing competitive currency devaluations, while others argue its austerity measures can harm borrowing countries.

Using a blend of historical analysis and economic data, the book progresses chronologically, tracing the IMF's evolution and impact on global finance.